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  2. What is a mortgagee clause? - AOL

    www.aol.com/finance/mortgagee-clause-190100413.html

    For example, say you buy a house for $500,000 with a $100,000 down payment and a $400,000 mortgage. To protect your investment, you purchase a homeowners insurance policy with $500,000 worth of ...

  3. PNC Financial Services - Wikipedia

    en.wikipedia.org/wiki/PNC_Financial_Services

    PNC branch footprint, as of November 2021 PNC Bank Corporate Footprint. The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 branches and 9,523 ATMs.

  4. Loan servicing - Wikipedia

    en.wikipedia.org/wiki/Loan_servicing

    Loan servicing is the process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal, and escrow payments from a borrower. In the United States, the vast majority of mortgages are backed by the government or government-sponsored entities (GSEs) through purchase by Fannie Mae, Freddie Mac, or Ginnie Mae (which purchases loans insured by the Federal Housing ...

  5. Due-on-sale clause - Wikipedia

    en.wikipedia.org/wiki/Due-on-sale_clause

    For example, borrowers may place their homes in their own trust without triggering the due-on-sale clause. "A lender may not exercise its option pursuant to a due-on-sale clause upon a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the ...

  6. How to write a letter of explanation for a mortgage - AOL

    www.aol.com/finance/write-letter-explanation...

    When you apply for a mortgage, you’ll need to hand over plenty of documentation: your bank statements, tax returns, pay stubs and details on your debts, to name just a few.

  7. 13 common bank fees you shouldn't be paying — and how to ...

    www.aol.com/finance/avoid-common-bank-fees...

    9. Lost debit card replacement fees. 💵 Typical cost: $5 to $15 for rush delivery Many banks will send you a new debit card for free if yours is lost, stolen or damaged. But you may pay a fee ...

  8. Mortgage Electronic Registration Systems - Wikipedia

    en.wikipedia.org/wiki/Mortgage_Electronic...

    Mortgage Electronic Registration Systems, Inc. (MERS) is an American privately held corporation. [1] MERS is a separate and distinct corporation that serves as a nominee on mortgages after the turn of the century and is owned by holding company MERSCORP Holdings, Inc., which owns and operates an electronic registry known as the MERS system, which is designed to track servicing rights and ...

  9. Here’s Your PNC Routing Number - AOL

    www.aol.com/pnc-routing-number-185352894.html

    Not all routing numbers are available on PNC Bank’s website, so if you don’t have immediate access to your routing number, you’ll have to either contact your local branch or call PNC ...